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First Resources’ Compliance with RSPO Standards Reaffirmed

Story Highlights
  • First Resources’ compliance with sustainability standards was reaffirmed by the RSPO Appeals Panel.
  • A three-month suspension was upheld due to procedural issues, not affecting environmental practices.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
First Resources’ Compliance with RSPO Standards Reaffirmed

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First Resources (Singapore) ( (SG:EB5) ) has shared an update.

First Resources Limited has received a decision from the RSPO Appeals Panel, which reaffirms the company’s compliance with sustainability standards, dismissing allegations and appeals against it. While a three-month suspension of membership was upheld due to procedural disclosure issues, it does not affect the company’s environmental practices. The decision assures stakeholders of First Resources’ commitment to RSPO requirements and sustainable practices.

The most recent analyst rating on (SG:EB5) stock is a Buy with a S$2.00 price target. To see the full list of analyst forecasts on First Resources (Singapore) stock, see the SG:EB5 Stock Forecast page.

More about First Resources (Singapore)

First Resources Limited is a Singapore-based company operating in the palm oil industry. It focuses on sustainable palm oil production, adhering to environmental and sustainability standards across its operations and supply chain.

Average Trading Volume: 2,097,452

Technical Sentiment Signal: Buy

Current Market Cap: S$3.21B

For detailed information about EB5 stock, go to TipRanks’ Stock Analysis page.

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